GMO Climate Change Fund Class I (GCCLX)
| Fund Assets | 454.23M |
| Expense Ratio | 0.87% |
| Min. Investment | $1,000,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.46% |
| Dividend Growth | -50.90% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 20.28 |
| YTD Return | 12.14% |
| 1-Year Return | -7.50% |
| 5-Year Return | 23.09% |
| 52-Week Low | 14.28 |
| 52-Week High | 23.27 |
| Beta (5Y) | 1.24 |
| Holdings | 106 |
| Inception Date | Feb 25, 2020 |
About GCCLX
The GMO Climate Change Fund Class I is a global mutual fund focused on equities of companies that are positioned to benefit from the worldwide efforts to address climate change. The fund invests across all market capitalizations and regions, identifying firms directly or indirectly involved in mitigating or adapting to the impacts of climate change, such as improving resource efficiency, developing renewable energy technologies, or offering solutions that support environmental sustainability. The portfolio spans diverse sectors—including technology, basic materials, consumer defensive, and industrials—with a concentrated approach that can result in higher volatility relative to more broadly diversified funds. The fund is managed by GMO’s Focused Equity team, who leverage a long-term, valuation-driven investment strategy. GMO Climate Change Fund Class I is structured to provide investors with exposure to the structural and secular growth opportunities arising from the global transition toward a lower-carbon economy, serving as a specialized vehicle for those seeking diversification through sustainability themes in their equity allocations.
Performance
GCCLX had a total return of -7.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.07%.
Top 10 Holdings
33.52% of assets| Name | Symbol | Weight |
|---|---|---|
| LG Chem, Ltd. | 051910 | 5.07% |
| Darling Ingredients Inc. | DAR | 4.39% |
| SolarEdge Technologies, Inc. | SEDG | 3.84% |
| Sunrun Inc. | RUN | 3.34% |
| Ivanhoe Mines Ltd. | IVN | 3.10% |
| Sociedad Química y Minera de Chile S.A. | SQM | 2.92% |
| Valeo SE | FR | 2.92% |
| Ameresco, Inc. | AMRC | 2.91% |
| Nexans S.A. | NEX | 2.61% |
| Veolia Environnement SA | VIE | 2.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.0927 | Dec 16, 2024 |
| Dec 12, 2023 | $0.1888 | Dec 13, 2023 |
| Dec 13, 2022 | $0.1084 | Dec 14, 2022 |
| Jul 12, 2022 | $0.5097 | Jul 13, 2022 |
| Dec 14, 2021 | $2.9921 | Dec 15, 2021 |
| Jul 7, 2021 | $2.148 | Jul 8, 2021 |